Is Madawaska, ME 04756 a buyer’s or seller’s market?
Madawaska is a buyer’s market. With about 6.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 5% of U.S. ZIP codes, and #104 of 105 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Madawaska housing market right now
In the three months ending August 31, 2026, 0% of homes in Madawaska, ME 04756 sold above their list price, the typical home went under contract in 45 days and there were 6.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (103 days then) and the median sale price fell 9% to $152,834. Overall, Madawaska is more competitive than a year ago, so tougher for buyers.
Within Aroostook County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Madawaska ranks #104 of 105 ME ZIP codes with enough sales (score 11 out of 100).
Nearby, New Limerick 04761 (100% sold over asking) and Kingman 04451 (50% sold over asking) are even more competitive.
Run the numbers for 04756
Nearby markets
Ashland 04732Buyer’s market $112 /sq ftBenedicta 04733 $93 /sq ftBlaine 04734Seller’s market $118 /sq ftBridgewater 04735Buyer’s market $135 /sq ft Browse all markets →Towns like Madawaska nearby
Find towns like Madawaska in other states →Where Madawaska is
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Questions about Madawaska real estate
Is Madawaska a buyer’s or seller’s market?
A buyer’s market: there were 6.6 months of supply in Madawaska, ME 04756 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Madawaska?
The typical home went under contract in 45 days in the latest three months.
Do homes in Madawaska sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.3% of the list price.
What are property taxes in Madawaska?
About 1.12% of a home’s value a year in Aroostook County, or roughly $4,480 on a $400,000 home.
What is the median home price in Madawaska?
The median sale price was $152,834 in the three months ending August 31, 2026, about $86 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology